Just Listed
Address
1005 11th Street, Phenix City, AL
Price
$ 79,500
Property Attributes
  • MLS#234196
  • TypeSingle Family
  • Listing Status Active
  • CountyRUSSELL
  • CityPhenix City
  • AreaRussell
  • NeighborhoodNo Subdivision
  • Zip36867
  • StyleTraditional,1 Story
  • Year Built1940
  • Price$ 79,500
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage780
  • Lot Size0.17 Acres
Data Source:
Columbus Georgia MLS (COGALMLS)
Property Description

Income-producing investment property currently rented for $795 per month. At the individual allocated price of $79,500, the property reflects an estimated 9.2% cap rate based on current rent and seller-provided operating expense assumptions. Recent improvements include a new water heater installed in 2024, updated kitchen cabinets, sink and countertop, sheetrock and painting, along with a newer gas space heater and additional miscellaneous upkeep. This property is not currently available for individual purchase and must be purchased as part of a three-property investment package with 1015 11th Avenue and 1822 6th Court. The combined package is offered at $288,500, produces $2,985 per month in current rental income, and reflects an estimated package cap rate of approximately 9.5% based on seller-provided income and expense information. The package offers an investor three occupied income-producing properties with established rental history and documented improvements. Contact listing agent for rent roll, lease information, operating expenses, and complete package details.

Price History
9/15/2026 Listed $79,500

General Features

Sewer Public Sewer
Heating Gas
Cooling Window Unit(s)
Appliances Electric Range
Water Public
Garage Driveway
Full Baths 1
Subdivision NO SUBDIVISION
Style Traditional,1 Story
Special None
Rooms Other-See Remarks
Neighborhood Amenities Underground Utilities
Status Active
Directions From 10th ave turn onto 11th st home will be on the left.
City PHENIX CITY

Interior Features

Interior Amenities Other-See Remarks
Basement Other-See Remarks
Master Bath None
Beds 1
Approximate Heated SqFt 780
SqFt Source OWNER
Bedroom 1

Exterior Features

Lot Description Level
Exterior Frame
Exterior Amenities Other-See Remarks
Lot Size Source Owner

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 36867

Price
AVG $270K
$80K
Year Built
AVG 1979
1940

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